The Service of the Commission for the Protection of Competition has received a notification of a concentration according to Section 10 (4) of the Control of Concentrations between Enterprises Law of 2014, concerning the acquisition of the share capital of McGraw Hill Education, Inc., by Platinum Equity, LLC, via Mav Acquisition Corporation.
Platinum Equity is a company duly registered in accordance with the laws of the State of California of the U.S.A. Platinum Equity specializes in mergers, acquisitions in a broad range of business markets, including manufacturing, distribution, transportation and logistics, equipment rental, metals services, media and entertainment, technology, telecommunications and other industries.
McGraw-Hill Education, Inc., is a company duly registered in accordance with the laws of the State of Delaware of the U.S.A. McGraw-Hill Education, Inc., a learning science company that delivers personalized learning experiences that drive results for students, parents, educators and professionals. It focuses on educational equity, affordability and learning success to help learners build better lives.
Mav Acquisition Corporation is a company duly registered in accordance with the laws of the State of Delaware of the U.S.A. and is a special purpose enterprise to facilitate the transaction.